Initial Public Offering (IPO): News

Paytm debuts on NSE, BSE: Find all key details here

Today, the financial sector is clamoring about India's biggest initial public offering (IPO). Mobile payment platform Paytm's parent firm, One97 Communications, will debut on Dalal Street.

Nykaa founder Falguni Nayar now India's wealthiest self-made woman billionaire

Indian beauty start-up Nykaa's shares made a strong debut on the Indian stock exchanges on Wednesday following an IPO. The stock traded at a premium of 82% on the NSE over its IPO issue price of Rs. 1,125 per share.

Paytm IPO Live Updates: All about India's largest-ever IPO

Subscriptions to Indian digital payment giant Paytm's $2.5 billion initial public offering slowed down on the second day of share sale because analysts voiced concerns about the company's profitability.

Zomato makes stellar stock market debut; lists at 53% premium

Shares of food delivery giant Zomato Friday made a stellar debut on stock markets as the company created history by becoming the first Indian unicorn to go public.

Alibaba founder suspected to be missing after criticizing Chinese government

Chinese billionaire Jack Ma has not been seen in public for more than two months now, a development that has sparked questions about his whereabouts.

Ahead of its IPO next year, Zomato raises $660 million

Zomato has raised $660 million as part of its primary financing round, giving the Gurugram-based food tech unicorn a valuation of $3.9 billion, the company's founder and CEO, Deepinder Goyal, said on Twitter.

Warren Buffett's Berkshire Hathaway investing $570mn in Snowflake

In a major, albeit surprising, move, Berkshire Hathaway, the multinational conglomerate led by investing legend Warren Buffett, has confirmed the plan to infuse nearly $570 million into Snowflake, a cloud data-warehousing unicorn in the US.

Zomato raises Rs. 760 crore from Tiger Global: Details here

In a major step forward, Zomato has raised Rs. 760 crore ($102 million) in funding from US-based investment firm Tiger Global Management.

WeWork appoints real estate veteran Sandeep Mathrani as CEO

WeWork, the American start-up that provides shared workspaces, has appointed real estate veteran Sandeep Mathrani as its new CEO.

Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

Soon, Ola might lay off nearly 350 employees: Here's why

After barging into categories like financial services and car rentals, ride-hailing giant Ola is looking to focus more on growth and profitability.

#FinancialBytes: 5 investment classes with most risk (and high return)

When it comes to investment, people have so many options today that some may even find it a little confusing to choose one.

Xiaomi creates new managerial positions to foster leadership

Amid increased scrutiny of governance and succession in mega Chinese tech firms, smartphone maker Xiaomi has announced that it is looking to create new managerial positions to build a second tier of leadership under CEO Lei Jun.

Alibaba co-founder Jack Ma to step down in September 2019

Alibaba co-founder Jack Ma, one of the world's richest business executives, has announced that he will step down as the executive chairman of Alibaba in September 2019.

Xiaomi files for the biggest Chinese tech IPO since 2014

Chinese consumer electronics company Xiaomi has filed for an initial public offering (IPO) in Hong Kong Exchanges and Clearing (HKEX).

Spotify goes public, valued at $26.6 billion

In a unique IPO approach, Spotify is going the direct listing route instead of traditionally selling its shares on the stock market.

Dropbox files for IPO, to raise $500 million

File syncing service Dropbox has filed for an initial public offering (IPO).

OrCam: This lesser-known company got a $1 billion valuation

OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million.

South Western Railways announces 21 unreserved vacancies: Details here

The South Western division of Indian Railways has announced 21 unreserved vacancies for candidates under sports quota.

Uber seals multi-billion dollar investment from Japan's SoftBank

Ride-hailing giant Uber has sealed a massive multi-billion dollar investment from Japanese technology conglomerate SoftBank.

SBI Life Insurance's stock market debut; gains 5% on issue-price

SBI Life Insurance made a strong market debut as it got listed on stock exchanges.

Govt may get Rs. 15,000cr from NIA, GIC Re IPOs

The NDA government intends to rake around Rs. 11,000 crore by selling shares of four state-owned non-life insurers and the national reinsurer, according to its disinvestment plans for the current fiscal.

SBI Life Insurance's Rs. 8,500 crore IPO receives SEBI nod

According to reports, Securities and Exchange Board of India (SEBI) has given approval for the initial public offering (IPO) of SBI Life Insurance Co. Ltd, which is a joint venture between State Bank of India and BNP Paribas Cardif.

Nifty 50: How does it actually work?

Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.

'Angry Birds' maker Rovio plans IPO with $2 billion valuation

What is the worth of a Finnish company, which is known for making adorable yet disgruntled birds throwing themselves at pigs? Apparently, it's as high as $2 billion.

Uber's new CEO Dara Khosrowshahi promises big changes

It looks like Uber's new CEO Dara Khosrowshahi is shaking things up for the better.

Disinvestment: 25% equity stakes in 4 defense firms via IPOs

HDFC Life, Max rejig merger plans after IRDA's cancellation

Post Insurance Regulatory and Development Authority of India (IRDA) rejection of HDFC Life Insurance Co. Ltd and Max Life Insurance Co. Ltd's three-step union, the two firms have extended their merger deadline and have come up with a new structure in compliance with all norms.

CDSL IPO gains full subscription on Day 1

The Central Depository Services Ltd (CDSL), one of the two depositories in India, saw its initial public offering (IPO) oversubscribed nearly 1.01 times today, its first day of issue.

Henry Kravis' tryst with Indian investment scenario

Investment firm KKR's co-founder Henry Kravis will go down in history of investments with two words that remain highlighted in his career- "Leveraged buyout" and "go-go '80s"

Wag does (p)awe-some job of getting $19 million in funding

Wag, a dog-walking venture has managed to secure $19 million with General Catalyst giving $4 million and Sherpa Ventures contributing $15 million.

Budget 2017: Tax sops to boost MSME ecosystem

Finance Minister Arun Jaitley announced a variety of tax sops directed at the micro, small and medium enterprises (MSME) sector in the budget yesterday.

Pune-based startup Druva raises $51 mn in funding

Pune-based data protection solutions start-up Druva Inc. announced that it raised $51 million in funding.

ICICI Pru Life insurance IPO: To subscribe or not?

India's largest insurer is set to open its IPO today for subscription for nearly 18.13 crore equity shares.

Three IPOs to hit Indian markets in September

Three Indian firms are set to be listed this month, helping raise a whopping Rs.7,000 crore during their initial public offering (IPO).

Warren Buffett takes on Donald Trump

At a rally with Hillary Clinton, Buffett launched a scathing attack on Donald Trump for his reluctance to make his tax returns public .